- Food
- Tuesday, 21 Jul 2020
Europe plant protein market accounted for US$ 5,808.5 Mn in 2018 and is predicted to grow at a CAGR of 5.9% during the forecast period 2019 – 2027
The Europe plant protein market accounted for US$ 5,808.5 Mn in 2018 and is predicted to grow at a CAGR of 5.9% during the forecast period 2019 – 2027, to account for US$ 9,452.5 Mn by 2027.
Plant protein is a natural protein derived from plant sources such as soy, wheat, pea, and others. Plant protein provides building blocks for healthy muscles and tissues in the human body and is also beneficial for weight loss. Plant-based proteins tend to be lower in calories and fat as compared to animal proteins but higher in fiber and essential nutrients.
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Top Key Player:
E. I. Du Pont De Nemours and Company,Archer Daniels Midland Company,Kerry Group,Koninklijke DSM N.V.,Axiom Foods, Inc,Cargill, Incorporated,Roquette Frères,Ingredion Incorporated,Glanbia plc
Germany, the high-protein trend is gaining a strong foothold. The most important driver of the plant protein market in Germany is changing trends in the wellness lifestyle of consumers. The consumption of nutritional supplements and its related products has shown significant growth over the past few years. Other drivers that lead the plant protein market are increasing preference for vegan and vegetarian food products over meat products.
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EUROPE PLANT PROTEIN MARKET SEGMENTATION
By Source
Soy,
Wheat
Pea
Others
By Type
Isolates
Concentrates
Protein Flour
By Application
Protein Beverages
Dairy Alternatives
Meat Alternatives and Meat Extenders
Protein Bars
Bakery
Others
By Country
Germany
France
United Kingdom
Italy
Russia
Rest of Europe
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